Newburyport Mass Lions Foundation Inc

Analysis

Newburyport Mass Lions Foundation Inc is a registered charity in United States, based in Newburyport, MA. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Newburyport Mass Lions Foundation Inc reported income of $85k and spending of $38k, leaving 55% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $69k to $85k (+22%), an average of +22% a year. The sharpest change came in the year to June 2024, when income rose by 22%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Newburyport Mass Lions Foundation Inc sits at the 29th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 40th percentile within MA. Charities of a similar size with the same main cause include Parkwood Farms Therapy Center Inc ($85k), Northern Berkshire Pregnancy Support Center Inc ($85k) and Zepf Housing Corporation Two Inc ($85k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 69% of the total. At year end it held assets of $119k against liabilities of $0, net assets of $119k.